BBVA Compass Charity

EIN 261615917 Private Foundation

Houston, TX 77027 |(713) 831-5712

https://www.betterfuture4people.com
Total Given 2016–2021
$3.6M
66 grants · $602K avg/year
based on 6 yrs of IRS 990-PF records on file
$100K+/yr
local funder
capacity
$8K
typical small grants · $6K–$14K
grant size
81%
deep partner · 26/32 multi-year
repeat
$75K
Assets (2017)
32
Distinct Recipients

About

This statement is submitted to report the distribution of certain assets during the tax year. The distributions resulted in a substantial contraction of assets.The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions:During the taxable year ending December 31, 2015, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $1,178,078. This amount represents more than 25% of the Foundation's net assets of $378,564 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2016. Although the Foundation technically experienced a "substantial contraction," it will continue in existence and has no plans for dissolution.The Foundation made distributions of cash to the grantees listed in the attachment to Part XV, Line 3a; each such grant was made solely for the charitable purpose specified therein.

Application Information

Accepts Unsolicited Proposals No. Preselected Only
Contact Person See attachment
Phone (713) 831-5712
Visit funder website

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2016 $1.2M $194K $1.0M 1
2017 $1.0M $75K $939K 1

Grant Size Distribution

Based on 66 grants on record

Minimum
$5K
25th Pctl
$6K
Median
$8K
Average
$55K
75th Pctl
$14K
Maximum
$1.2M

Geographic Distribution


Texas Counties Served

21.2% of US grants · Rank #2 of 12 states $235K across 14 grants 5 of 254 counties

Top 5 counties

  1. 1 Harris 5 grants · $127K
  2. 2 Dallas 3 grants · $72K
  3. 3 Bexar 2 grants · $14K
  4. 4 Tarrant 2 grants · $11K
  5. 5 Hidalgo 2 grants · $11K

Officers & Directors

Grants Awarded (66 total)

Purpose
See attachment efiling purposes, AL $1,178,078 See attachment 2016
See attachment efiling purposes, AL $1,038,627 See attachment 2017
United Way of Central AL Birmingham, AL $193,938 General support 2019
United Way of Central AL Birmingham, AL $175,445 General support 2020
United Way of Central AL Birmingham, AL $135,066 General support 2021
American Red Cross Washington, DC $125,000 Disaster relief 2021
Feeding America Chicago, IL $125,000 General support 2021
United Way of Grtr Houston Houston, TX $47,095 General support 2019
United Way of Grtr Houston Houston, TX $42,617 General support 2020
Church of The Highlands Birmingham, AL $30,905 General support 2019
United Way of Metro Dallas Dallas, TX $30,423 General support 2019
Church of The Highlands Birmingham, AL $28,307 General support 2020
United Way of Metro Dallas Dallas, TX $27,409 General support 2020
United Way of Grtr Houston Houston, TX $24,442 General support 2021
Church of The Highlands Birmingham, AL $20,578 General support 2021
Northgate Christian Fellwshp Benicia, CA $17,123 General support 2019
United Way of Metro Dallas Dallas, TX $14,364 General support 2021
Northgate Christian Fellwshp Benicia, CA $14,120 General support 2020
Valley of The Sun United Way Phoenix, AZ $13,217 General support 2019
Westwood Baptist Church Alabaster, AL $11,960 General support 2020
St Jude Childrens Hospital Memphis, TN $11,296 General support 2019
Valley of The Sun United Way Phoenix, AZ $10,289 General support 2020
Shades Mountain Baptist Chrch Birmingham, AL $10,250 General support 2019
St Jude Childrens Hospital Memphis, TN $9,524 General support 2020
Birmingham Humane Society Birmingham, AL $8,846 General support 2019

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